Valchion is a action RPG with retro graphics and simple mechanics. It features bright, GameBoy Color-styled visuals, and a (hopefully) memorable soundtrack. It should be released for Windows, Mac OS X, and Linux. It's also being made with the Blender Game Engine, which features fast game creation and no time spent exporting to an external engine.
Pickups have been implemented. You can now pick up ammo refills and health refills (hearts). Currently, both refill 10% of your maximum levels - perhaps that would work for the ammo, though I'm not sure about health. I think I'd rather have a 'large heart' that refills more.
Woa, so much nostalgy